121 S Madison Ave B
Monrovia, CA, 91016
(No pictures available yet)
$638,000
MLS: TR26098911
Beds
2
Baths
3
Sq Ft
1,207
Lot
0.20 ac
Year Built
1987
MLS #
TR26098911
Days on Market
1
Listed
May 8, 2026
Description
Welcome to this beautifully maintained TOWNHOUSE-STYLE condo nestled in a GATED community in the heart of Monrovia. Step inside and you'll immediately notice the bright, open layout with warm hardwood-style flooring, recessed lighting, and a charming whitewashed brick FIREPLACE that anchors the spacious living room. Natural light pours through large windows, creating a warm and inviting atmosphere throughout. The FULLY RENOVATED KITCHEN is a true standout which is featuring white shaker cabinets, dark quartz countertops, marble-look tile backsplash, and a full suite of stainless steel appliances. Whether you're cooking for family or hosting friends, this kitchen delivers both style and function. The thoughtful layout also includes a convenient half bath on the main level. Upstairs, both bedrooms are GENEROUSLY SIZED compared to typical condos, offering comfort and privacy. The full bathroom features a granite vanity and a combined tub/shower. ATTACHED 2-CAR GARAGE provides secure parking and extra storage, a rare find!! Guest parking is also abundantly available throughout the community. MAJOR UPDATES COMPLETED: 1. BRAND NEW ELECTRICAL PANEL 2. NEWER WATER HEATER 3. ALL DOUBLE PANE WINDOWS throughout 4. UPDATED KITCHEN with all appliances 5. NEWER GARAGE DOOR 6. Community roof replaced 3 years ago LOCATION IS EVERYTHING!!! Walk 1 minute to Starbucks. Drive 3 minutes to Ralphs. Within 10 minutes: 99 Ranch, Sprouts, Trader Joe's, and a wide variety of dining options including Chinese restaurants, In-N-Out, Cava, Chipotle, and more. Enjoy the beloved MONROVIA FRIDAY NIGHT FARMER'S MARKET & STREET FAIR just minutes away, a local tradition featuring food, live music, and artisan vendors every week. PRIME LOCATION: Adjacent to prestigious Arcadia, with quick access to the 210 Freeway, Santa Anita Mall (10 min), Old Town Pasadena (15 min), Metro Gold Line, and multiple hiking trails including Monrovia Canyon Park and Sturtevant Falls. This is MOVE-IN READY and waiting for its next owner. Don't miss this rare opportunity to own in one of the San Gabriel Valley's most charming and walkable communities.
Location
Monrovia, Los Angeles County, CA 91016
Open on Google Maps ↗Listed by: Han-Ni Chen · eXp of Greater Los Angeles
Payment estimate
$4,837
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $63,800 · Loan: $574,200
- Principal & Interest
- $3,633
- Property tax (1.25%)
- $665
- Homeowners insurance
- $300
- Mortgage insurance
- $239
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Monrovia home with as little as 3.5% down using an FHA loan — roughly $22,330 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 91016 (Monrovia)within ±10% of this home's price and size.
$580,000
550 W Foothill Boulevard C
Monrovia, 91016
$649,000
1218 S Mayflower B
Monrovia, 91016
(No photos yet)
$649,000
211 Linwood Avenue C
Monrovia, 91016
$665,000
331 Genoa E
Monrovia, 91016
$668,000
205 Violet D
Monrovia, 91016
$678,000
105 S MAYFLOWER AVE E
Monrovia, 91016
Local Market Stats
See Monrovia, CA 91016 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.